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Showing 12561 - 12570 of 22851 results for "Funds"

IOOF completes SFGA buyout

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
... advice business. IOOF and SFGA together would be larger than Westpac, NAB, Macquarie and ANZ's wealth management divisions by funds under advice. IOOF offered 0.104 shares for each SFGA share, which implies a value of $0.90 per SFGA share. The group ...

Cap market efficiency plummets

ALEX DUNNIN  |  WEDNESDAY, 20 AUG 2014
... executive, David Whiteley, said: "Government and industry need to work together to look at ways to enhance the capacity of super funds to invest in infrastructure and other initiatives to drive productivity and growth." Whiteley said the issue is especially ...

NAB quarterly profit up 7%

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... improved results from its insurance claims business. Lapses remained stable during the last quarter and the impact of higher funds under management (FUM) was offset by a mix change to lower margin wholesale investment business in the period. "Like all ...

SMSF wind up trend is not real: SuperGuardian

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... Self-managed super fund (SMSF) administrator SuperGuardian has rebuked claims that SMSF trustees are increasingly winding up their funds. The provider argues that Australian Taxation Office (ATO) figures for the five years to June 30, 2013, show that ...

Mercer reveals confronting life expectancy research

MARK SMITH  |  TUESDAY, 19 AUG 2014
... expectancies are irrelevant when saving and planning for retirement.A In fact, it is risky for policy makers, superannuation funds and individuals to use average life expectancy for retirement planning." "Living well beyond the average changes the goal ...

QV Equities raises $180m

MARK SMITH  |  MONDAY, 18 AUG 2014
... new listed investment company (LIC), QV Equities (QVE). The launch of the product last month targeted self-managed super funds (SMSFs) and high net worth investors looking for a diversified share portfolio outside the 20 largest companies. The IPO closed ...

Age of the billion-dollar financial adviser

MICHELLE BALTAZAR  |  MONDAY, 18 AUG 2014
... expert who led the Snowball Group (now part of SFG) from a start-up to a fully integrated business with A$4.7 billion in funds under advice. The program will also feature presentations on how to use managed accounts for fixed income, how some businesses ...

Giving through PAFs back to pre-crisis level

MARK SMITH  |  MONDAY, 18 AUG 2014
New donations into tax effective Private Ancillary Funds (PAFs), have risen 16% to $354 million in the year to 30 June, surpassing pre-crisis levels, according to the annual JBWere Giving Trends Report. The total number of PAFs is up 13.5% to 1,246 ...

Brumbie: Super idea, super silly reaction

ALEX DUNNIN  |  MONDAY, 18 AUG 2014
... fun to watch their predictable indignation especially when it ignores their own contradictions. Like how most modern super funds love choice so much they already let members choose from hundreds of managed investments, direct shares, Exchange Traded ...

CIO to step aside as EQT shifts focus

MARK SMITH  |  FRIDAY, 15 AUG 2014
... in other areas of the business over the same period has meant that we have now decided to refocus on internally sourced funds," he said. "George has achieved the goals that were set when he joined us, and has strengthened the asset management team over ...